Examples of Relevant Claim in a sentence
Where it is necessary to determine whether a monetary limit or threshold set out in this Agreement has been reached or exceeded and the value of the Relevant Claim is expressed in a currency other than USD, the date of conversion for the purposes of translating that Relevant Claim into USD in accordance with clause 22.1 shall be the date of receipt by the Seller of written notification from the Purchaser of the Relevant Claim.
The Purchaser shall, and shall procure that each other member of the Purchaser’s Group shall, in relation to any Loss which might give rise to a Relevant Claim, take all reasonable steps to avoid or mitigate that Loss.
The Purchaser shall not be entitled to recover in respect of any matter, event or circumstance giving rise to a Relevant Claim to the extent that it or any other member of the Purchaser’s Group has recovered in respect of such matter, event or circumstance whether under any provision of any Acquisition Document or otherwise.
Subject to the Relevant Claim Stage having been achieved by the Relevant Claim Date, the Grant Recipient shall be entitled to submit a claim for the Applicable Tranche through IMS in accordance with the requirements of IMS from time to time and in compliance with the applicable procedures relating to grant claim and payments set out in the Capital Funding Guide.